Luo Huining, director of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region, speaks at the Spirit Sharing Session of the 20th National Congress of the Communist Party of China, at Conrad Hong Kong Hotel on Nov 17, 2022. (CALVIN NG / CHINA DAILY)
The “one country, two systems” policy is Hong Kong’s biggest advantage and the nation’s policies related to Hong Kong can offer huge development opportunities, the central government’s liaison office head in Hong Kong said on Thursday.
He added that the next five years will not only be crucial to the nation’s efforts to build a modern socialist country in all respects, but also for Hong Kong to open a new chapter and make new leaps forward.
Luo Huining, Director of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region, made the remarks at a session on Thursday for various sectors to share their understanding of the 20th National Congress of the Communist Party of China
Luo Huining, Director of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region, made the remarks at a session on Thursday for various sectors to share their understanding of the 20th National Congress of the Communist Party of China. The event was co-organized by 40 social groups, including political parties, business associations and education and youth groups.
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Luo said that recently, the Hong Kong government and local communities have been actively studying and promoting the essence of the Party congress. Their focus included the congress’ impact on China and the world, the expounding on “one country, two systems”, and also, the fresh opportunities offered to Hong Kong.
In fact, the city’s participation in the nation’s new journey to build a modernized socialist country will create abundant fresh opportunities, Luo said.
Since July 1, the central government has launched a series of new policies to support the city’s financial and legal sectors’ development and strengthen its economic ties with the Chinese mainland.
They include the signing of an agreement with the Ministry of Foreign Affairs to advance the establishment of the International Organization for Mediation Preparatory Office in Hong Kong, and the launch of Swap Connect, a new initiative for mutual access between interest rate swap markets in Hong Kong and the mainland.
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In recent months, the city also witnessed many significant developments, such as the breakthrough initiatives launched in the new government’s first Policy Address, the pioneering policy statement on virtual assets development, and the launch of various high-end international activities like Hong Kong Legal Week and Hong Kong Sevens.
Noting the high attendance of international business leaders in the Global Financial Leaders' Investment Summit in November, he said the international community is full of confidence on China’s future and the development prospects of “one country, two systems”.
For the correct implementation of “one country, two systems” in the long run, he stressed that all Hong Kong residents should respect and safeguard the CPC’s leadership, as well as the nation’s fundamental institutions and the HKSAR’s constitutional order.
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He encouraged local communities to further boost confidence in the nation’s development path and the “one country, two systems” policy, calling on local society to unite all forces to construct a better Hong Kong and make a greater contribution to the nation’s great rejuvenation.